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. >> ronald reagan -- >> oh, now, your jack kennedy. >> reporter: as predicted by the campaign, the vice president came out grinning, flapping, flailing arms. he was aggressive, attacking the republican ticket hard. >> we will have credibility on this issue. >> incredible. >> thank goodness we have these sanctions in place, in spite of their opposition. it has been discredited by studies, over 100 criminal investigations. >> reporter: along the way, the vice president cut in. >> >> mr. vice president, i know you're under duress -- to make up for lost ground. >> reporter: he talked about the auto bailout. >> when mr. ryan said that romney was a car guy, i thought well if they have them in an elevator, i guess he was. >> reporter: for a group of undecided voters put together in virginia, a split decision. this voter thought mr. biden won. >> the vice president did. >> why? >> i think he came off as being very strong, emotional, and i like the looking at the camera and talking to the american people. >> reporter: another, paul ryan. >> vice president joe biden was being kind of immature, wi
. >> ronald reagan -- >> oh, now, your jack kennedy. >> reporter: as predicted by the campaign, the vice president came out grinning, flapping, flailing arms. he was aggressive, attacking the republican ticket hard. >> we will have credibility on this issue. >> incredible. >> thank goodness we have these sanctions in place, in spite of their opposition. it has been discredited by studies, over 100 criminal investigations. >> reporter: along the way, the...
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Oct 8, 2012
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when ronald reagan came into office and looked at social security. he appointed a bipartisan commission and they studied it for two years. and in 1983, they moved forward to pass legislation to reform social security. so those are the kind of things that you can do. i've seen it when i was governor. when we brought democrats and republicans together, we did the infrastructure. we made the commitment to rebuild california. we did a lot of progress in reducing the greenhouse gases and making a commitment to 33% of renewables in the year 2020. and stem cell research. on and on. and as soon as in 2005 when i thought i could go off by myself, and it's my way or the highway, just like the republican party, we're going to grind it out, it failed miserably. so i learned first hand is that the only action is when both parties come together. >> former governor of california. you understand the demographic shifts in the country very well. the latino population not just in california but throughout the southwest, throughout the midwest and the rest of the countr
when ronald reagan came into office and looked at social security. he appointed a bipartisan commission and they studied it for two years. and in 1983, they moved forward to pass legislation to reform social security. so those are the kind of things that you can do. i've seen it when i was governor. when we brought democrats and republicans together, we did the infrastructure. we made the commitment to rebuild california. we did a lot of progress in reducing the greenhouse gases and making a...
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Oct 7, 2012
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green, i paid for this microphone was one of ronald reagan's breakthrough moment. the weird moment with eastwood and an empty chair may be symbolic of the first debate. >> the issue of the taxes alone, the big knock against governor romney here is that he walks away from a $5 trillion tax cut plan. he assumes that tax cuts spur growth and make the math work. simpson bowles say his math doesn't add up. you either explode the deficit. raise the middle class tax cuts, something has to give. >> something has to give and we just heard mike say that maybe the thing that gives is mortgage interest deductions. the single most important thing to middle class american families. and that's going to be and we'll get to this later. that's going to be a challenge for paul ryan. i think that what we have experiencing right now and we just said it, is that this sort of style over substance is, is, i don't think going to overtake this race. i think you have a president who was trying to move the facts out. was facing a guy who, who he hadn't seen before. either mitt romney is compl
green, i paid for this microphone was one of ronald reagan's breakthrough moment. the weird moment with eastwood and an empty chair may be symbolic of the first debate. >> the issue of the taxes alone, the big knock against governor romney here is that he walks away from a $5 trillion tax cut plan. he assumes that tax cuts spur growth and make the math work. simpson bowles say his math doesn't add up. you either explode the deficit. raise the middle class tax cuts, something has to give....
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Oct 12, 2012
10/12
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>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on $20 million. someone making $50,000 paid more than that. do you think that's fair? he said oh, yes, that's fair. that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, the reason why. aei study, the american enterprise institute study, the tall policy center study, the reason they say taxes are going up on the middle class, the only way you can find $5 trillion in loopholes is cut the
>> first of all, i was there when ronald reagan was there. he gave specifics of what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small businesses in america make less than $250,000. let me tell you who some of those other small businesses, hedge funds that make $600, $800 million a year. they dhunt as small business. let's look at how sincere they are. governor romney on "60 minutes" about ten days ago was asked, governor, you pay 14% on...
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Oct 7, 2012
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ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending, not touching medicare, i mean there's a lot of things that don't add up but because romney has not given the details doesn't give the president the right to make them up for him. he is not going to have a $5 trillion net tax cut. >> absolutely good at details -- >> that's not his plan. >> but i think to say there's a $5 trillion tax cut to be offset by mystery meat. you know, that's a correct statement. >> or -- >> there's a $5 trillion tax cut, well, we don't know what it is he's going to do but what he proposed is a $5 trillion tax cut plus he says, trust me, i'll do something different. >> what can be more legitimate in saying y
ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending,...
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Oct 13, 2012
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ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should have said to joe biden. he voted for 50 to 28%. and the democrats led the fight over the years and kerry brown he wanted 100 percent to pay income tax at the exact same rate and came in second in the primary in 1992 in the democratic party. everyone knows you should have a low rate flat tax for economic growth and/or fairness. it is the right way to go. >> i'm sorry. but everyone having skin in the game. >> exactly. >> they are not looking at the poorest among us. but if you have a stake in the game you are interested in the game and you
ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should...
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Oct 8, 2012
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think john kennedy of 1960, think ronald reagan in 1980. it's possibly that big because the president seemed to be on a glide path towards re-election and all of a sudden here comes the raging bull, mitt romney, out of the dark and they run for the safety exits instead of counterpunches and getting him hard. what happened to barack obama? i'm not certain. i don't know. but i know this, if he comes to the next two debates with the same demeanor and passive resistance, he's losing. >> you called it one of the worst performances of the time? >> one of the most inept performances by an incumbent president i've ever seen. i'm mystified. we do know these things about barack obama. we know he doesn't like to confront people. we know that -- chris: he doesn't like to fight with hillary clinton. >> he doesn't like to. he's really worried about appearing angry in public and that really isn't his natural demeanor but that was unilateral disarmament and was stunning. when mitt romney gives you an opening to talk about romney's accountant and doesn't sa
think john kennedy of 1960, think ronald reagan in 1980. it's possibly that big because the president seemed to be on a glide path towards re-election and all of a sudden here comes the raging bull, mitt romney, out of the dark and they run for the safety exits instead of counterpunches and getting him hard. what happened to barack obama? i'm not certain. i don't know. but i know this, if he comes to the next two debates with the same demeanor and passive resistance, he's losing. >> you...
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Oct 8, 2012
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>> ronald reagan once said to support the march of freedom, but we can't determine the pace. the people in the country determine the pace of the march of freedom. it's humorous to suggest we could do this. >> can you make an assertion but no answer. that seemed to happen in that exchan exchange. >> if anyone doubts foreign policy and who advises candidates doesn't matter, they have to watch that video. this is the stakes at hand. there's two ways to look at this, i think. on the policy side governor romney's critiques are wrong. the president has done a remarkable job in terms of getting us out of iraq, setting us up for withdrawal out of afghanistan, killing osama bin laden, dismantling al qaeda. those are incredible accomplishments by my standard. if this was a republican president, i guarantee you republicans would crow about the incredible record. on the other side, i have no idea what the republicans are doing. if they think they will win a foreign he policy debate with the president, they're sorely mistaken. >> the key is the great contrast. many things are starkly diff
>> ronald reagan once said to support the march of freedom, but we can't determine the pace. the people in the country determine the pace of the march of freedom. it's humorous to suggest we could do this. >> can you make an assertion but no answer. that seemed to happen in that exchan exchange. >> if anyone doubts foreign policy and who advises candidates doesn't matter, they have to watch that video. this is the stakes at hand. there's two ways to look at this, i think. on...
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Oct 13, 2012
10/12
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. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kennedy's plan, enacted after his death, took the top marginal tax rate from 91% to 71% over a two-year period. lots of loopholes, but the growth argument, gdp rose by barely a percent during that time. isn't much when the economy was growing at a rate like china's, but the u.s. was at the time. they got a boost, but not much of one. ronald reagan's first big tax cut went into effect, and the economy did surge. economic growth went from 4.9% to north of 8%. year three, not so impressive. look at quarters, there were some drops. for perspective, today, the top marge call tax rate is 30%, not like are you at 70 or 90. can a r
. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now....
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Oct 14, 2012
10/12
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ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth year in a row. the administration does not have a lot of bragging rights. 15% on f
ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business...
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Oct 14, 2012
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bush than to ronald reagan. in comparison, when you consider ronald reagan was actually willing to raise taxes and the spike in growth that you saw in the 1980s came after a big tax hike. what mitt romney is saying is, no, we can't make the wealthy pay more of their fair share. what we have to do is just cut taxes for everybody, cut tacks for corporations and by doing that by making sure that the people at the very top do better, somehow that will trickle down. what we know is that doesn't work. >> jim, on the campaign trail are you hearing a lot of chatter as well about the moderate mitt? we've heard bill clinton say, oh, the moderate mitt is back, oh -- it sort of comes off the president's post-debate thing about he is lying. that's not what he said. he has completely changed. a, has he completely changed, or have they, what we call putting emphasis on a different syllable? >> i put this to a romney aid viesor, and he pushed back on this. he said that the gvr is talking about bipartisanship more now that he ha
bush than to ronald reagan. in comparison, when you consider ronald reagan was actually willing to raise taxes and the spike in growth that you saw in the 1980s came after a big tax hike. what mitt romney is saying is, no, we can't make the wealthy pay more of their fair share. what we have to do is just cut taxes for everybody, cut tacks for corporations and by doing that by making sure that the people at the very top do better, somehow that will trickle down. what we know is that doesn't...
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Oct 13, 2012
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. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking back at this it really taxes the way that they come up in these debates. the thing they're not talking about are mitt romney's taxes. the idea that they can look back and talk about taxes and ryan still getting caught with these lies and then the next day saying that's exactly what we meant to say. how does this work, errol. >> a promise has been made. a big broad promise has been made to splash taxes. it's estimated by a reasonable objective source that this could cost treasury 5 tril
. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i...
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green paid for this microphone was one of ronald reagan's breakthrough moments, the weird moment with clint eastwood may be that as well. >> the big knock against governor romney here is that he walked away from a $5 trillion tax cut plan. he assumes that tax cuts for growth to make the math work, simpson-bowles says his math doesn't add up. that something has to give. you explode the deficit, raise middle class tax cuts, something has to give which is the point that rob was trying to make. >> something has to give. and mike just said maybe the thing that gives is mortgage interest deduction. the single most important thing to middle class american families. and that's going to be -- and we'll get to this later -- that will be a challenge for paul ryan. but, you know, i think that what we are experiencing right now, and we just said it, is that this sort of style over substance is -- i don't think it's going to overtake this race. i think you had a president who was trying to move the facts out. was facing a guy who he hasn't seen before. either mitt romney is completely faking everyt
green paid for this microphone was one of ronald reagan's breakthrough moments, the weird moment with clint eastwood may be that as well. >> the big knock against governor romney here is that he walked away from a $5 trillion tax cut plan. he assumes that tax cuts for growth to make the math work, simpson-bowles says his math doesn't add up. that something has to give. you explode the deficit, raise middle class tax cuts, something has to give which is the point that rob was trying to...
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Oct 12, 2012
10/12
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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Oct 13, 2012
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. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected, should those who believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or interrupting a guy who's lying to america? >> it was openly contemptuous and disrespectful. >> karen finney on the right wing freak-out over joe biden's knockout performance. >> ever felt that way where you just want to deck somebody? >> an obnoxious drunk. i think somewhere during the debate he took ritalin. >>> good to have you with us tonight, folks. thanks for watching. what did we see? we witnessed a schooling on the issues by vice president joe biden last night. it really was the shot in the arm the democrats and the progressives were hoping for. after watching mitt romney get away with lie after lie
. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected, should those who believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or...
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Oct 10, 2012
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>> oh, my god. >> let's go to mike barnicle, ronald reagan colored his hair for 80 years. that's good. >> is that a yes? >> we don't know. >> mike, really quickly i want to touch on what jim has been talking about, the column was talking about, what a lot of middle swing voters in america are concerned about. that is that washington hasn't worked over the past four years. when you have a new guy coming in and doesn't just talk about changing the tenor of washington but can say, i was a republican governor in a state that was 87% democratic in the legislature. i passed a health care reform bill, and i had ted kennedy standing next to me when i did it. that's a lot different from elizabeth warren saying, i can't name a single person that i would work for on the republican side if i were sent to the senate. >> there were many, many days when mitt romney was governor of massachusetts that when he went to his office, the corner office in the statehouse in boston, massachusetts, he was the only republican in the building. seriously. >> seriously. >> seriously. the legislature --
>> oh, my god. >> let's go to mike barnicle, ronald reagan colored his hair for 80 years. that's good. >> is that a yes? >> we don't know. >> mike, really quickly i want to touch on what jim has been talking about, the column was talking about, what a lot of middle swing voters in america are concerned about. that is that washington hasn't worked over the past four years. when you have a new guy coming in and doesn't just talk about changing the tenor of washington...
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Oct 14, 2012
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ronald reagan did the same thing from the right. the middle in america governors. it's like a bell curve. most americans are in the middle. you have to appeal to the middle in order to win and then to governor effectively. >> bill, i love it when folks are honest. >> well, yes. he's appealed to the middle and the left and the right and everybody else, mitt romney has. if you want to talk about his position on abortion, he's gotten quite a few of those. >> i'm glad you brought that up. much has been made over that. in fact, the u.s. news and world report put out an excellent piece over the number of different views he's had over his political career. how can we discern what governor romney's actual view on abortion and women's rights, what his actual view is? >> we can't. we can't. they have changed. when he first took office as governor of massachusetts, he said he was pro choice. then he appears to have had a sincere conversion to the pro life side, which he so far has maintained, but he said he's not going to sponsor any legislation to stage the status quo on abo
ronald reagan did the same thing from the right. the middle in america governors. it's like a bell curve. most americans are in the middle. you have to appeal to the middle in order to win and then to governor effectively. >> bill, i love it when folks are honest. >> well, yes. he's appealed to the middle and the left and the right and everybody else, mitt romney has. if you want to talk about his position on abortion, he's gotten quite a few of those. >> i'm glad you brought...
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Oct 12, 2012
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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Oct 12, 2012
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...